Global Trade Alert
Global Trade Alert

EU: Iranian company Kavan Electronics Behrad LLC added to the frozen fund list

Announcement

31 May 2024

In May 2024, the EU included Iranian company Kavan Electronics Behrad LLC in the list of entities whose funds and economic resources will be frozen within the EU.

Source

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Number of interventions

1

1 certainly harmful

0 likely harmful

0 liberalising

List of interventions

1 in force

Implementation date

31 May 2024

Revocation date:

No revocation date

Controls on commercial transactions and investment instruments In force

On 31 May 2024, the EU adopted Council Implementing Regulation (EU) 2024/1604 adding Iranian company Kavan Electronics Behrad LLC to the list of entities whose funds and economic resources will be fro...

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